Comment Text:
i0-001
COMMENT
CL-05437
From:
Sent:
To:
Subject:
Ron
Thompson
Thursday, February 18, 2010 12:35 AM
secretary
Regulation of Retail Forex
I am NOT in favor of the reduction of leverage. While you may view your actions as helpful, I do not. I can control my own
risk, and find the proposed rules as extremely disadvantageous for my FOREX trading.
It is my feeling that the reduction of leverage will have the opposite effect of what you desire. New traders will initially
invest more than they can afford, and, with little experience, will lose more money faster because they have to put more
money in the market to make the same size trade.
Thanks for listening
Ron Thompson
Ron Thompson
Freedom CA, 95019
[email protected]
